Last Month in Accounting, Accountech & Fintech - October 2024 edition

A quick market roundup of all the key news story from the last month or so…

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Practice & Accounting

• Xeinadin acquires three Haines Watts offices in Yorkshire https://www.accountancytoday.co.uk/2024/09/30/xeinadin-acquires-three-haines-watts-offices-in-yorkshire/
• Sumer launches Sumer Agriculture https://www.accountancytoday.co.uk/2024/09/26/sumer-launches-sumer-agriculture/
• PM+M Solutions for Business LLP .https://www.accountancytoday.co.uk/2024/09/24/pmm-acquires-ribble-valley-mortgages/
• The Shaw Gibbs Group has bolstered its presence in London and Surrey by merging with Alliotts LLP , who can trace their origins back to 1869.
• TC Group rebrands to TC Knill James following merger https://www.accountancytoday.co.uk/2024/09/16/tc-group-rebrands-to-tc-knill-james-following-merger/
• DSG Accountants has announced that it has completed a strategic management buyout which will allow it to stay autonomous. The...https://www.accountancytoday.co.uk/2024/09/10/dsg-accountants-completes-mbo/
• Duncan & Toplis snaps up Haines Watts North London. https://croneri.us9.list-manage.com/track/click?u=281ce45d9590841b1059dd041&id=a2738d3783&e=f223c4a7ee
• Xero have announced a strategic partnership with Xeinadin https://www.dhirubhai.net/posts/xero_xero-xeinadin-cloudaccounting-activity-7236733000606998528-kKDn?utm_source=share&utm_medium=member_ios

Software

• SMB super-app Apron ?raised a $30m Series B led by?Zinal?Growth https://fintech-alliance.com/news-insights/article/fintech-startup-coast-secures-40m-in-latest-funding-round
• Infineo fait maintenant partie de la société Sage ! acquired by Sage , an existing partner, to enhance its reporting and business intelligence (BI) offerings in France .https://enterprisesoftwarepodcast.com/infineo-joins-sage-improved-bi-and-reporting-for-france/
• Swoop teams up with?Compare the market?to provide UK small and medium-sized enterprises (SMEs) with even greater access to the diverse range of funding products to help them thrive in today's economic environment.
• Xero acquires Syft Analytics for $70 million USD. https://blog.xero.com/news-events/xero-to-acquire-syft/
• Visma acquires Hix??- & @November 1st?
• Some FreeAgent Agent news as they launch TWO new integrations with Adsum ?https://www.freeagent.com/integrations/adsum/?& Corpay One ?https://www.freeagent.com/integrations/corpay-one/

Reports & Whitepapers

• flinder #FTTP24 white paper is now live... AI, Disruption, Storytelling and more in the Future Of Accounting And Finance In a Digital World?https://www.flinder.co/landing/the-future-of-accounting-and-finance-in-a-digital-world-2024?

Finance & Banking

• Accounting tech giants join call for small business digitalisation push ?https://www.accountingweb.co.uk/tech/tech-pulse/accounting-tech-giants-join-call-for-small-business-digitalisation-push
• Lloyds Banking Group has?partnered?with?Cleareye?to use its AI to automate trade finance checks.
• 汇丰 ?has?called on?tech giants to help reimburse victims of APP fraud which often occur on their platforms.
• SMB bank Tide ?announced?it has hit 1 million customers.

Other

• The Financial Conduct Authority has?highlighted?the UK's AML efforts in the City of London are insufficient.
• The UK and Europe have signed the first international treaty addressing risks of artificial intelligence covering 48 countries https://www.accountancydaily.co/uk-signs-first-treaty-risks-ai
• The final Ignition 50 Top Women In Accounting are now live! The UK are well represented... https://womeninaccounting.ignitionapp.com/stories/top-50-women-in-accounting-2024

I'll be back next month for more news and updates!

#Accountants #Bookkeepers #accountech #fintech #technology #banking #finance #accounting #Mergersandacquisitions #M&A

Sources include: BBC AccountingWEB.co.uk Croner-i FinTech Insider Accountech Forum